As many of you know, the Hospitality industry has become an increasingly attractive sector of commercial real estate for many investors who seek a more creative long-term return.Saturation in other asset classes has l...
I have been approached with a deal to purchase an older vacant hotel. There are currently 6 apartments 22 hotel rooms and a 3 bedroom house on site. Purchase price would be 150k and needs about 200k in improvements. S...
Hi everyoneMy partner and I are looking to develop a hospitality brand that is looking to encompass homes, villas and resorts. We started in 2021 and raised capital to buy land upstate NY and further secured developme...
Common sense, along with my own research, would tell you that a hotel is a more profitable investment than an apartment complex. They are basically the same building, except that hotels charge a higher rate and the gu...
Economic Update
(Yom Kippur Edition)
The second quarter of 2020 (April, May & June) was the mother of all economic contractions. Real GDP shrank at a 31.7% annual rate, the largest drop for any quarter since ...
Hi, For a guesthouse for travellers, would it be better that I keep showerheads or bathtubs? The place is near the beach and they have access to the sea all day. But I am also considering a small swimming pool. If you...
Hey BPers, I need feedback!. My husband and I are experienced apartment LLs, but are new to STR market.Our current residence is on a 5 acre hobby farm, near Coeur d'Alene, Idaho. We have chickens, goats, sheep, an...
Yucatan, Mexico sure seems like a little piece of paradise. Places like Tulum and Playa Del Carmen are booming with new developments popping up all over the place. I am looking at some of the brand new developments o...
Hi Guys, I'm a real estate investor from White Rock, BC. My wife & I just bought a house out here 6 months ago and the market has gone nuts since (but then again, when hasn't it?). I also own 2 trailer parks in In...
When should you start tax planning on a building? A lot of people think the tax planning starts once the building is completed. However, you can actually save millions of dollars in taxes by starting during the bluepr...